"Go Global" Cross-border Operations—The Path to China's Economic and Trade Power

Author: Shao Xianglin
Publisher:
Publishing Time: Not available
Features: This book analyzes and examines the theories of Western traditional multinational corporations and international direct investment, exploring the theoretical foundations for enterprises in different countries engaging in cross-border operations. It theoretically analyzes and explains the feasibility and necessity of disadvantaged developing country enterprises pursuing cross-border operations for survival and development. Based on this, it innovatively studies the overseas investment and operational activities of multinational enterprises driven by different objectives by employing a two-stage oligopoly game model from game theory, which is a pioneering approach in reclassifying the overseas direct investments of multinational enterprises. Additionally, combining China's specific national conditions, it organically integrates the theory of comparative advantage with the theory of competitive advantage, systematically analyzing the basic strategies that China should adopt to achieve cross-border operations after joining the World Trade Organization ("going global"). It derives an economic and trade theoretical framework system suitable for China's national conditions, advocating for accelerating the enhancement of China's industrial competitive advantage by drawing on the theory of competitive advantage while adhering to the principles of comparative advantage, thereby achieving a comprehensive improvement in China's foreign economic and trade competitiveness.